People News: Goldman Sachs, Morgan Stanley

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Tim Leissner, the Goldman Sachs executive who helped build the investment bank’s Malaysia business, has relocated to Los Angeles and is on personal leave, people familiar with the matter said.

Bloomberg News reports that Leissner, who has been with Goldman Sachs for almost 18 years and was most recently Singapore-based chairman of its Southeast Asia operations, remains an employee, said the people. They asked not to be identified discussing a private matter. 

In the meantime, Bloomberg also reports that Morgan Stanley, Wall Street’s biggest stock-trading shop by revenue, promoted Peter Santoro to global head of equity trading after Sam Kellie-Smith was put in charge of the firm’s struggling fixed-income business.

Santoro, 44, had been head of equity trading for the Americas since 2010 at Morgan Stanley, according to a January 25 memo to employees from Ted Pick, global head of trading. 

Goldman Sachs's Leissner Moves to Los Angeles, Takes Personal Leave

Morgan Stanley Promotes Santoro to Head of Global Equity Trading

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